First of all, we must have our objectives when decide to buy a gold as an investment. Some people have their own target but as a newbie, a lot of things must be study. Therefore, i categorize into point to point from further understanding.
1. Save and sell
What i can see some of us like to keep gold and sell when the time is right. If u buy a gold either from a company,bank or gold shop, you can sell them back. That is why the terms buying and selling is there. But there is the disadvantage. For instance, the spread of buying and selling itself. The bigger spread, the minimize profit. Second is the depreciation of gold. If you realize, gold shop prefer to use the term depreciation. Basically they will cut around 15% of the gold price if you plan to sell gold. You will have the maximum profit if you save for long term 10 years onwards. For me, i dont prefer this kind of investment.
2. Pawn and ransom
This is one of the technique that i prefer most. Some of bank in Malaysia and companies transfer gold to money as a loan. Before explain into details, the method is like personal loan. But personal loan is different because we lend money from a bank and of course the interest as well. However with ar-rahn method, we are not lending with bank but our own money. They give 60-70% of amount gold when we plan to pawn. The agreement is 6 months only but we can continue or refinance back. They only charge cost for safe keeping. But please bare in your mind, you must have a backup plan to ransom the gold back. That is why I prefer 1/4 oz and 10g gold in many units. The technique is called pawn-ransom-pawn. Gold A cover for Gold B and so forth. This technique will save your asset, why do you need to sell gold back? Think wise :)
2. Pawn and ransom
This is one of the technique that i prefer most. Some of bank in Malaysia and companies transfer gold to money as a loan. Before explain into details, the method is like personal loan. But personal loan is different because we lend money from a bank and of course the interest as well. However with ar-rahn method, we are not lending with bank but our own money. They give 60-70% of amount gold when we plan to pawn. The agreement is 6 months only but we can continue or refinance back. They only charge cost for safe keeping. But please bare in your mind, you must have a backup plan to ransom the gold back. That is why I prefer 1/4 oz and 10g gold in many units. The technique is called pawn-ransom-pawn. Gold A cover for Gold B and so forth. This technique will save your asset, why do you need to sell gold back? Think wise :)
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